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NEOGOV · 1 month ago

Pension Director

Baltimore City

Full-time

Hybrid

Director/Executive

$105K/yr - $163K/yr

8+ years exp

The Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) invites you to apply for a key leadership opportunity that plays a critical role in ensuring the fiscal responsibility, compliance, and long-term sustainability of MDOT MTA’s pension operations. The Pension Director will oversee the administration of the MDOT MTA Union Pension Plan and manage the end-to-end pension administration process.

GovTechHuman ResourcesInformation TechnologySoftware

No H1B

Responsibilities

Overseeing and directing the administration of the MDOT MTA Union Pension Plan

Providing strategic leadership and operational oversight for a defined benefit pension plan covering approximately 3,000 active union employees and over 2,000 retirees receiving monthly benefits

Managing the end-to-end pension administration process, ensuring compliance with all applicable federal, state, and collective bargaining requirements

Serving as the agency’s subject matter expert on pension matters, providing guidance to internal staff, retirees, and union members

Representing MDOT MTA in external forums, including the Pension Board and intergovernmental meetings

Collaborating with Payroll, Human Resources, Accounting, Benefits, IT, and external partners, including actuaries and auditors, to ensure accurate and timely pension operations

Leading initiatives to enhance pension administration processes, including system upgrades, quarterly pension reconciliations, ADP testing and validation, data integration with SYSK and HRIS platforms, and the development of standard operating procedures (SOPs)

Overseeing the preparation of reports, analysis of pension data, and delivery of information to senior leadership to support decision-making and long-term plan sustainability

Qualification

Pension administrationFinancial compliancePolicy developmentData analysisLeadership experienceCommunication skillsCollaboration skillsProblem-solving skills

Required

Possession of a bachelor's degree in accounting, auditing, public or business administration, finance, economics, human resources, or a related field from an accredited college or university

Must have at least eight (8) years of experience in administrative or professional work

At least one (1) year of this experience must include responsibilities in one or more of the following areas: supervising employees, overseeing and coordinating the operations of a business unit, applying rules and regulations, or developing and implementing policies or procedures

Employees assigned duties that require the operation of a motor vehicle must possess a valid motor vehicle operator's license